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Noteit Claims 50M Users

Culver City-based social networking app developer Noteit, which calls itself a "Snapchat Replacement", claims it now has 50 million users. The company--which says it is targeting "Gen Alpha"--says its app is focused on "focusing solely on the people who matter most to you" and real-time photo sharing. The software is developed by Iconoic Hearts, which is led by CEO and founder Hunter Rice.